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Scroll over cnns interactive chart to see the minimum wage by year through history.
Marijuanas legalized states 2020 map. Minimum wages in the united states averaged 313 usdhour from 1938 until 2020 reaching an all time high of 725 usdhour in 2009 and a record low of 025 usdhour in 1938. The minimum wage in the united states is set by us. This new federal minimum wage results in an income of 1160 a month or close to 14000 a year.
Labor law and a range of state and local laws. Employers generally have to pay workers the highest minimum wage prescribed by federal state and local law. The bill introduced by house democrats in january aims to gradually raise the federal minimum wage to 15 by 2025 more than doubling it from the current rate of 725.
The federal minimum wage peaks in purchasing power at 160 per hour the equivalent of 1153 in 2019 dollars. As of january 2020 there were 29 states and dc with a minimum wage higher than the federal minimum. The table of federal minimum wage rates under the fair labor standards act 1938 2009 is also available in a pdf version.
Graph and download economic data for federal minimum hourly wage for farm workers for the united states fedminfrmwg from jan 1967 to oct 2020 about per hour minimum wage agriculture workers hours wages federal and usa. The graph shows nominal blue diamonds and real red squares minimum wage values. In order to view andor print pdf documents you must have a pdf viewer.
History of federal minimum wage rates under the fair labor standards act 1938 2009. Nominal values range from 025hr in 1938 to the current 725hr. Minimum wages in the united states remained unchanged at 725 usdhour in 2020 from 725 usdhour in 2019.
With the minimum wage was higher relative to living costs luce says. A federal minimum wage was first set in 1938. The measure affects 29 states while other states already have an equal or superior minimum wage note that employers are required to pay whichever is the highest.
Since july 24 2009 the federal minimum wage is 725 per hour.
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